Energy stocks were lower Friday afternoon, with the NYSE Energy Sector Index falling 0.9% and the Energy Select Sector SPDR Fund (XLE) dropping 1.7%.
The Philadelphia Oil Service Sector index slumped 3.2%, and the Dow Jones US Utilities index shed 0.2%.
Front-month West Texas Intermediate crude oil was declining 2.4% to $70.71 a barrel while the global benchmark Brent crude contract was dropping 2.3% to $74.74 a barrel. Henry Hub natural gas futures jumped 3.4% to $4.29 per 1 million BTU.
In corporate news, ConocoPhillips (COP) said it signed a deal to sell its interests in the Ursa and Europa Fields and Ursa Oil Pipeline Company to Shell's (SHEL) subsidiaries for $735 million. ConocoPhillips was falling 3%, and Shell was down 2.3%.
Diamondback Energy (FANG) on Thursday said Travis Stice will step down as chief executive but remain as executive chairman through the company's 2026 annual meeting. Diamondback shares were down 3.3%.
Solaris Energy Infrastructure (SEI) shares jumped 25% after it reported an increase in Q4 revenue, while adjusted earnings declined.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。